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Gemstones Buyer Director

Company: Stuller
Location: Lafayette
Posted on: February 11, 2019

Job Description:

Responsibilities:

  • In consultation with the Gemstones Merchandising Director and the VP of Diamond and Gemstones Procurement, identify vendors for recommended product.
  • Assess vendor product and negotiate prices
  • Coordinate work-flow with QA department in order meet in-stock requirements
  • Utilize essential tools to analyze the business and maximize the profitability of each category or recommend new analytical reporting needed to accomplish goals.
  • Analyze market conditions and forecast trends to recommend Product concepts and themes. Communicate information in a timely manner to the Merchandising Division and Product Design & Development.
  • Monitor domestic and international trade magazines and trade shows
  • Monitor the marketplace for competitive product information, especially pricing, recommend and institute changes accordingly.
  • Collectively with the other Buyer Specialist and the VP, research and recommend new vendors.
  • Meet with vendors to review new product. Negotiate with consideration to mutual profitability and growth development. Present new product business plan proposal to Procurement VP and Merchandising team for consideration.
  • In coordination with the Gemstones Inventory Planner, assist to monitor sales, profitability and inventory positions for gemstones. Maximize inventory turns while providing excellent in-stock service levels.
  • Manage special order flow. Arrange for supply of product where appropriate to fulfill special orders.
  • Accompany the other Buyer Specialist and or VP of Procurement on buying trips and to trade shows as appropriate
  • Meet with vendors in our office
  • Participates in special projects as assigned.
  • Provide assistance to business unit as needed
  • Participate in trade shows both in sales and product research

    Keywords: Stuller, Lafayette , Gemstones Buyer Director, Executive , Lafayette, Louisiana

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